From 1 January 2003 to 31 December 2012, the value of Ellie's house increased from $200,000 to $320,000. Calculate the rate of increase per annum based on simple interest.
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- Assume that Karen Williams desires to accumulate $1,000,000 in 15 years using her money market fund balance of $209,004. At what interest rate must Karen’s investment compound annually? (Round answer to 0 decimal places, e.g. 5%.) Interest rate %Assume that at the beginning of the year, you purchase an investment for $6,500 that pays $95 annual income. Also assume the investment's value has increased to $7,050 by the end of the year. a. What is the rate of return for this investment? Note: Input the amount as a positive value. Enter your answer as a percent rounded to 2 decimal places.Don’s investment amounts to ₱9,800 after 5 years and ₱12,005 after 8 years at the same rate of simple interest. The rate of interest per annum is:
- Margaret Hillman invested $3,000 at 1.6% compounded quarterly for one year. Find the future value and the interest earned for the year. The future value is $ (Round to the nearest cent as needed.) The compound interest is $. (Round to the nearest cent as needed.)Bruno deposited $7,500 into an investment account and seven years later, the balance in the account was $10,910. What is the rate of return on this investment if interest is compounded annually? 5.5% 6.0% 6.5% 45.5%Thank you so much!
- Four years ago, an investor purchased a five door-apartment for P5.5M. Income from rent exceeded maintenance and insurance cost by P480,000.00 per year. If the property is sold now for P7.55M with an 8.25% income tax charged from capital gain determine the after tax-rate of return realized on the investment.Ans: 14%Lesiba invests an amount of money in an a ount earning 13,88% interest per year, ompounded weekly. After five years, this amount has a umulated to R50 000. The amount that was invested initially is [1] R26 105,54. [2] R15 300,00. [3] R29 515,94. [4] R25 001,79. [5] R34 700,00.Margaret Hillman invested $7,000 at 1.8% compounded quarterly for one year. Find the future value and the interest earned for the year. The future value is $ (Round to the nearest cent as needed.)
